Tex. Water Code § 56.241: LEVY OF TAXES TO PAY FOR BONDS.
Where this section sits in the code
- WATER CODE
- TITLE 4. GENERAL LAW DISTRICTS
- CHAPTER 56. DRAINAGE DISTRICTS
- SUBCHAPTER G. TAXATION PROVISIONS
After bonds are authorized at an election, the board shall have taxes annually assessed and collected on all property in the district sufficient to pay interest and principal on the bonds. Taxes collected under this section shall be placed in the interest and sinking fund.
Acts 1971, 62nd Leg., p. 519, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 2001, 77th Leg., ch. 298, Sec. 13, eff. Sept. 1, 2001.
Collected 2026-08-27T01:47:48Z. Source file · JSON